Overview
What is Garage & Parking Lot Employees Welfare Fund Local 700?
Garage & Parking Lot Employees Welfare Fund Local 700 is a small-scale nonprofit organization, with a single employee, located in Philadelphia, Pennsylvania. The primary role of this organization is to provide insurance coverage for full-time members, ensuring they have access to group health benefits, short-term disability, death benefits, and life insurance. This coverage aims to secure the wellbeing of its members in various aspects of their lives.
Is Garage & Parking Lot Employees Welfare Fund Local 700 legitimate?
Garage & Parking Lot Employees Welfare Fund Local 700 is a legitimate nonprofit organization registered as a 501(c)(9) entity. Garage & Parking Lot Employees Welfare Fund Local 700 submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $30,309
Professional Fundraising Fees: $0
Other Salaries and Wages: $9,216
For more financial information, click here
What is the mission statement of Garage & Parking Lot Employees Welfare Fund Local 700?
Garage & Parking Lot Employees Welfare Fund Local 700 serves as an insurance provider, offering group health benefits, short-term disability, death benefits, and life insurance to its full-time members. The organization's primary mission is to safeguard the well-being of its members by providing these crucial insurance coverages. By offering these benefits, the fund helps ensure financial security for its members in various unforeseen circumstances. The insurance coverages provided by Garage & Parking Lot Employees Welfare Fund Local 700 serve as a safety net, providing peace of mind to its members and their families.
Who is the CEO of Garage & Parking Lot Employees Welfare Fund Local 700?
Robert Taylor is the Trustee of Garage & Parking Lot Employees Welfare Fund Local 700.
What is the revenue of Garage & Parking Lot Employees Welfare Fund Local 700?
Garage & Parking Lot Employees Welfare Fund Local 700's revenue in 2022 was $110,736.
Who are the executives of Garage & Parking Lot Employees Welfare Fund Local 700 and what are their salaries?
The average compensation at Garage & Parking Lot Employees Welfare Fund Local 700 during 2022 was $39,525. There is 1 employee at Garage & Parking Lot Employees Welfare Fund Local 700.
Here are 3 key members and their salaries:
- Compensation: $30,309
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Garage & Parking Lot Employees Welfare Fund Local 700?
Garage & Parking Lot Employees Welfare Fund Local 700's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Garage & Parking Lot Employees Welfare Fund Local 700
Garage & Parking Lot Employees Welfare Fund Local 700 serves as an insurance provider, offering comprehensive benefits to its full-time members. Their mission is centered around providing group health benefits, short-term disability coverage, death benefits, and life insurance to the individuals who are part of Local 700. This nonprofit organization is dedicated to ensuring the well-being and financial security of its members in various aspects of their lives. By offering these insurance services, Garage & Parking Lot Employees Welfare Fund Local 700 plays a critical role in providing peace of mind and protection for its members, allowing them to focus on their work and personal lives with confidence.
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Impact
October, 2024
Garage & Parking Lot Employees Welfare Fund Local 700 significantly enhances the quality of life for its members by providing essential insurance services. It offers comprehensive group health benefits, which ensure that full-time members have access to necessary medical care without the financial burden. Additionally, the fund provides short-term disability coverage, protecting members from income loss during times of illness or injury.
The availability of death benefits and life insurance instills peace of mind for members and their families, knowing that they are secured against unforeseen circumstances. Overall, the fund plays a vital role in promoting financial stability and health security, fostering a supportive community for those employed in garage and parking lot operations in Philadelphia.
This information is meant to be a general summary of Garage & Parking Lot Employees Welfare Fund Local 700. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $1,069
- Program Service Revenue: $108,467
- Gross Receipts: $110,736
Assets and Liabilities:
- Total Assets: $302,567
- Total Liabilities: $0
- Net Assets: $302,567
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
EMPLOYER CONTRIBUTIONS
Revenue
$108,467
Organization Details
Founding Year
1961
Phone
(215) 592-4119Principal Officer
Robert Taylor
Main Address
1211 CHESTNUT STREET 810, PHILADELPHIA, PA, 19107
NTEE Category
Code: Y40 - Mutual benefit
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